El Niño-linked monsoon drought followed by unseasonal rainfall has hurt yields of Indian kharif crops in the 2026–27 marketing season. Prices for most crops are reportedly above their minimum support prices, while groundnut remains below the benchmark.
Weather-related yield losses can tighten domestic crop supplies and support prices; the impact varies by crop, with groundnut an exception.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.